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Securitize tokenizes $295M NYSE stock on Solana, boosting blockchain adoption and SOL price outlook.

Market News
03 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Securitize, backed by BlackRock, has tokenized $295 million of its NYSE-listed stock on the Solana blockchain during its IPO, marking a major step in merging traditional equity markets with blockchain technology. This move enhances Solana's credibility and utility, attracting institutional investors like Franklin Templeton and Fidelity, and contributing to increased demand for Solana's native token, SOL, currently priced around $82. Market sentiment shows a 62.5% chance of SOL reaching $90 in July, reflecting optimism about blockchain adoption in finance. Future developments to watch include further institutional interest, technical progress on Solana, and regulatory changes that could impact market dynamics.

More News (SOL)

Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana's network usage hit a record high with 3.77 billion non-vote transactions in June 2026, driving the SOL token price above $80. This surge reflects growing adoption and on-chain activity, suggesting a favorable environment for further price gai...

Protocol Fundamentals
Bullish
7 hours ago
Solana usage hits record high as SOL token surpasses $80 amid growing DeFi adoption.

Solana usage hits record high as SOL token surpasses $80 amid growing DeFi adoption.

Solana's network usage reached all-time highs in mid-2026, processing nearly 3.8 billion transactions in June alone and maintaining about 7 million daily active addresses. Despite this surge in activity, the SOL token trades around $80, significantly...

Protocol Fundamentals
Bullish
7 hours ago
SOL price rebounds above $72 but onchain data signals weakening momentum.

SOL price rebounds above $72 but onchain data signals weakening momentum.

The cryptocurrency SOL has regained its price level above $72, indicating a short-term recovery. However, onchain data suggests that the momentum behind this price increase is weakening, which could imply limited upside potential in the near future. ...

Protocol Fundamentals
Bullish
9 hours ago
Solana stabilizes but needs a volume-driven breakout to confirm trend reversal.

Solana stabilizes but needs a volume-driven breakout to confirm trend reversal.

Solana (SOL) has stabilized after recent selling pressure, trading in a tight range between mid-$70s and low-$80s. Despite this, it remains below key moving averages, indicating the bearish trend is not fully reversed. Analysts emphasize that a clear...

Technical Signals
Neutral
12 hours ago
Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Joseph Chalom, former Blackrock exec and Sharplink co-CEO, defends Ethereum against claims of a "culture problem," highlighting its 900,000+ validators and over one million developers as key to its decentralization advantage over Solana, which has ab...

Market News
Bullish
12 hours ago
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